$260,000
117 Colborne Street E, Orillia, ON L3V 1V2
Orillia
Listing courtesy of RE/MAX CROSSTOWN REALTY INC.
Orillia · L3V 3M4
$285,000
3 months on market
Great development opportunity in Orillia's desirable West Ward. This vacant residential lot is ideally located on a public transit route and close to schools, parks, shopping, downtown amenities, and easy highway access. Zoned R2, the property permits a range of residential development options, including the potential for up to four dwelling units, subject to municipal approvals, zoning requirements, parking provisions, and applicable regulations. Added value comes with a $15,790 Development Charge Demolition Credit available to the Buyer (subject to municipal policies and timelines), resulting from the demolition of the former dwelling in 2024. The property also benefits from an existing sanitary sewer service connection located on the lot, potentially reducing future servicing costs. In addition, the $2,000 parkland dedication fee-in-lieu has already been paid by the Seller. Whether you're a builder, investor, or future homeowner looking to maximize development potential, this is an opportunity to secure a well-located residential lot in one of Orillia's established neighbourhoods. (We kindly ask that you do not enter property without an appointment).
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$260,000
Orillia
Listing courtesy of RE/MAX CROSSTOWN REALTY INC.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 37% of comparable vacant land listings in Orillia are asking less.
Based on 19 comparable active vacant land listings in Orillia. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $285,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX RIGHT MOVE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
$294,500
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Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.
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Listing courtesy of EXP REALTY
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Listing courtesy of KELLER WILLIAMS EXPERIENCE REALTY